Wall Street knew Apple and results for the fourth quarter would impact on the company's previous guidance, but it seems that investors are not ready to jump 47 percent in profits that Apple delivered.
Shares from the sky at all-time high after-hours trading on Monday evening on the news that the Cupertino, Calif., company sold more Apple iPhone and Mac OS X ever.
Apple's financial report "reinforced my opinion that Apple at the hands of the best technology company in the world," said analyst with Broadpoint AMTECH Brian Marshall in an interview.
Apple introduced the iPhone in the fastest in June, and reduce the cost of the previous generation phone to $ 99. These moves boosted sales of iPhone from July to September to 7.4 million units, more than half a million during the same period in 2008, and despite the paucity of recent iPhone, which remains in place during the quarter.
Apple, who escaped relegation in a better position than other companies, and the computer, and it works when you start PC sales grew during the quarter. Apple also updated Mac OS, and the updated line of MacBook Pro. Mac Apple sold 3.1 million, an increase of 19% compared to the same period last year.
Since the iPhone from Apple, which has a built-in functions of iPod grew in popularity, and business regular Apple iPod music player has undergone. The company sold 10.2 million in the quarter, iPods, and 8 percent less than last year, despite the fact that Apple introduced the new iPod nano with video in September.
However, even with the decline in the number of iPods, iPod revenue rose in the quarter. This means that people are trading up, "said Marshall - buy to replace the Shuffle Nano Nano or iPod Touch to replace. Income iPod Touch, which is like the iPhone without the phone twice a year since," said chief financial officer, Peter Oppenheimer, Apple.
Apple is rumored to be working on the Tablet PC mode, which is a combination between your computer and mobile phone and running, but the company known for products of secrecy around the new. In a telephone news conference, Apple grainy footage showing off company "proposals" is amazing in the future, and something fell on one sweet new indicator it is time for holiday shopping.
Apple typically spend more on air freight in the current quarter to make sure stores equipped with iPods and other gadgets for the Christmas holiday break, but this year the increase was more than usual.
"Sorry, can not be specific to the product, but this is it, this represents an extraordinary increase in a row," chief operating officer for Apple, Tim Cook, said in response to a question from an analyst.
Apple said it earned $ 1.7 billion, or $ 1.82 per share in the fourth quarter of the fiscal year that ended Sept. 26. Revenue jumped 25 percent to 9.9 billion U.S. dollars.
For all of fiscal 2009, Apple said its profit rose 18 percent to $ 5.7 billion, or $ 5.36 per share. Revenue rose 13 percent to 36.5 billion U.S. dollars.
In the current quarter, Apple said it expects to earn $ 1.70 to $ 1.78 per share, well below the $ 1.91 analysts predicted that the company usually gives a very conservative guidance. Apple forecast revenue of 11.3 billion U.S. dollars for up to $ 11.6 billion, while analysts are looking for $ 11.4 billion, according to a Thomson Reuters.
Wall Street ignored the profit participation and sent to the company's shares at $ 12.54, or 6,6 percent to $ 202.40 in extended trading. At one point after-hours trading in the shares exceeded $ 203. Adjusted for splits, Apple's highest price of $ 202.96, arrived December 27, 2007.
Investors also expect further growth of the iPhone. Apple is scheduled to officially begin selling iPhone in China in October 30 and has plans to launch in South Korea during the quarter as well.
But Apple can hit the places in these countries during the first few months. The company is struggling to provide enough iPhone 3Gs for the latest store shelves all over the world this summer. Cook said that most of the shortage is easing, but added that he wants more phone ready to launch China.
Shares from the sky at all-time high after-hours trading on Monday evening on the news that the Cupertino, Calif., company sold more Apple iPhone and Mac OS X ever.
Apple's financial report "reinforced my opinion that Apple at the hands of the best technology company in the world," said analyst with Broadpoint AMTECH Brian Marshall in an interview.
Apple introduced the iPhone in the fastest in June, and reduce the cost of the previous generation phone to $ 99. These moves boosted sales of iPhone from July to September to 7.4 million units, more than half a million during the same period in 2008, and despite the paucity of recent iPhone, which remains in place during the quarter.
Apple, who escaped relegation in a better position than other companies, and the computer, and it works when you start PC sales grew during the quarter. Apple also updated Mac OS, and the updated line of MacBook Pro. Mac Apple sold 3.1 million, an increase of 19% compared to the same period last year.
Since the iPhone from Apple, which has a built-in functions of iPod grew in popularity, and business regular Apple iPod music player has undergone. The company sold 10.2 million in the quarter, iPods, and 8 percent less than last year, despite the fact that Apple introduced the new iPod nano with video in September.
However, even with the decline in the number of iPods, iPod revenue rose in the quarter. This means that people are trading up, "said Marshall - buy to replace the Shuffle Nano Nano or iPod Touch to replace. Income iPod Touch, which is like the iPhone without the phone twice a year since," said chief financial officer, Peter Oppenheimer, Apple.
Apple is rumored to be working on the Tablet PC mode, which is a combination between your computer and mobile phone and running, but the company known for products of secrecy around the new. In a telephone news conference, Apple grainy footage showing off company "proposals" is amazing in the future, and something fell on one sweet new indicator it is time for holiday shopping.
Apple typically spend more on air freight in the current quarter to make sure stores equipped with iPods and other gadgets for the Christmas holiday break, but this year the increase was more than usual.
"Sorry, can not be specific to the product, but this is it, this represents an extraordinary increase in a row," chief operating officer for Apple, Tim Cook, said in response to a question from an analyst.
Apple said it earned $ 1.7 billion, or $ 1.82 per share in the fourth quarter of the fiscal year that ended Sept. 26. Revenue jumped 25 percent to 9.9 billion U.S. dollars.
For all of fiscal 2009, Apple said its profit rose 18 percent to $ 5.7 billion, or $ 5.36 per share. Revenue rose 13 percent to 36.5 billion U.S. dollars.
In the current quarter, Apple said it expects to earn $ 1.70 to $ 1.78 per share, well below the $ 1.91 analysts predicted that the company usually gives a very conservative guidance. Apple forecast revenue of 11.3 billion U.S. dollars for up to $ 11.6 billion, while analysts are looking for $ 11.4 billion, according to a Thomson Reuters.
Wall Street ignored the profit participation and sent to the company's shares at $ 12.54, or 6,6 percent to $ 202.40 in extended trading. At one point after-hours trading in the shares exceeded $ 203. Adjusted for splits, Apple's highest price of $ 202.96, arrived December 27, 2007.
Investors also expect further growth of the iPhone. Apple is scheduled to officially begin selling iPhone in China in October 30 and has plans to launch in South Korea during the quarter as well.
But Apple can hit the places in these countries during the first few months. The company is struggling to provide enough iPhone 3Gs for the latest store shelves all over the world this summer. Cook said that most of the shortage is easing, but added that he wants more phone ready to launch China.
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